New to the Forums, Hello All

[Tom McQuinn]

Hopefully this is going into New Member Introductions.  I will try to make it humanely brief but hits have been put out on my typing teacher...

I am in Cincinnati.  I was a 3rd generation journeyman carpenter (hated heavy construction) who became a software developer in 1984.  In 1988 I quit my job, started a consulting company, hired people, etc., etc.  It was a great ride but now it's becoming a commodity and I'm out.  Along the way I had a two family that I hired one of my old bosses to rehab but I was a terrible landlord.  I can honestly say I know a lot of things NOT to do.  I used to do hard money lending but I'm not actively seeking these opportunities, at least for now.  I've been taking a course in wholesaling and I think I can use that to generate some cash.  Time will tell.  I have one terrible vice that eats cash like crazy and I will never retire while I'm healthy.

I have a rental.  I fell into it and I'm a prime example of how a fool can get lucky.  Half of it was given to me and the other half was exchanged for a debt that I did not think was collectible.  It needs some things and I'm actually enjoying some of the DIY parts, though long term I intend to get reconnected to the trades and hire all work out.  And I am not going to be as foolish this time.  I am going to learn landlording and I'm going to be as tough as I need to be with tenants.  But I have more questions every day.  I want to see if others have already been down some of the paths I'm considering.  So I'm here.  You can reasonably expect to read all the excruciating minutiae here in the coming weeks if you're interested.